Goods and Services Tax
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GST Council Rate Cuts Reduce Inverted Duty Structure Refunds
Madras HC Sets Aside Ex Parte GST Assessment Order Over Portal Notice Issues
GSTAT E-Filing Advisory: Staggered Appeal Schedule and Process
Madras High Court Condones 285-Day Delay in GST Appeal
Delhi HC Remands GST Orders Over Ignored Submissions
GST 2.0 Rate Change: Wholesalers & Retailers Guide w.e.f. 22.09.2025
Trading of Particulate Matter Permits Liable to GST at 12%: AAR Gujarat
Renting Aircraft Without Crew Falls Under HSN 9973 Subject to 5% GST
CBIC clarifies Place of Supply Rules for Goods Stored in Third-Party Warehouses
Finance Ministry Launches GST Appellate Tribunal
Unlocking Wellness: How GST Cuts are Revolutionizing Indian Healthcare
GST Rate Cut: Karnataka HC notes Optional Re-Stickering of Pre-Revision Stock
GST Implication on Hotel Industry due to Rate Rationalization in GST 2.0 Regime
GSTN Deadline: File Pending GST Returns Before 3-Year Expiry
Goods and Services Tax India
The Goods and Services Tax or better known as GST is a Value added Tax and is a comprehensive indirect tax which is levied on the manufacture, consumption, and sale of goods and services. The Goods and Services Tax in India would replace all the indirect taxes which are levied today on goods and services by the Central and the State governments. GST is intended to be comprehensive for most of the goods and services. Goods and Services Tax is a single indirect tax for the entire nation, which would make India a unified market. It is proposed to be a single tax on supply of goods and services, from a manufacturer to the end consumer. The credit of all the input taxes which are paid at each and every stage would be allowed in the following stages of value addition that makes GST basically a tax on value addition only at every stage. The end consumer would have to bear only the Goods and Service Tax which is charged by the final dealer within the supply chain, together with all the set-off benefits availed at previous stages.
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